HR Software Startup HiBob Raises $166M at $3.2B Valuation as Revenue Tops $400M ARR
NewsData.io · United States · Sep 1, 2026
HiBob, the cloud-based HR platform serving more than 5,500 customers, has closed a $166 million funding round led primarily by Salesforce, pushing its valuation to $3.2 billion. The company's annualized revenue has surpassed $400 million, and CEO Ronni Zehavi says an IPO is not currently planned. HiBob's platform includes AI-powered recruiting tools such as job description generation, CV summarization, and listings distribution across 2,300+ job boards — features directly relevant to staffing and HR teams. The raise signals continued investor confidence in AI-enhanced HR and recruiting technology amid a competitive vendor landscape.
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